Tag Archives: Sale

Credit Scores Hit Record High

Daily Real Estate News | Wednesday, May 31, 2017 Credit scores among U.S. consumers surged to a record high this spring. Further, the share of borrowers considered among the riskiest borrowers hit a record low. The higher credit scores could … Continue reading

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Lower Rates Buoy Refis, Not New Mortgages

Daily Real Estate News | Wednesday, May 24, 2017 Lower mortgage rates are prompting homeowners to refinance, but applications for home purchases aren’t rising. The Mortgage Bankers Association reported on Wednesday that total mortgage applications—including for refinances and home purchases—rose … Continue reading

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Time on Market Hits New Low in April

Daily Real Estate News | Wednesday, May 24, 2017 Low inventory pushed existing-home sales down in April and sped up the median number of days a home sat on the market to a new low of 29 days, the National … Continue reading

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How to Choose a Neighborhood

9 key questions to answer when you’re location shopping. Location is everything when you’re searching for a home. Finding your dream neighborhood may seem like the easiest part, but once you factor in budget, non-negotiable home features, and proximity to … Continue reading

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Owners, Appraisers Aren’t Seeing Eye-to-Eye

Daily Real Estate News | Thursday, May 11, 2017 Appraisals in April were, on average, 1.9 percent lower than what homeowners expected. That means on an average home price of $236,400, homeowners misjudged their price by about $4,500. The gap … Continue reading

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Buyers Grow More Confident About Housing

Daily Real Estate News | Tuesday, May 09, 2017 You may need to do less convincing to get home shoppers to make their move in the housing market. Fannie Mae’s Home Purchase Sentiment Index rose 2.2 percentage points in April, … Continue reading

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Home Prices Grow Twice as Fast as Incomes

Daily Real Estate News | Monday, May 01, 2017 Strong buyer demand this spring is pushing home prices up at double the rate of increase in income growth, The Wall Street Journal reports. The median price of an existing home … Continue reading

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If Buyers Want to Save Money: Tell Them to Shop

Daily Real Estate News | Friday, April 28, 2017 Home buyers who don’t gather more than one quote when shopping for a mortgage may be losing out on some savings to their monthly payments. Lenders can offer a wide dispersion … Continue reading

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Lower Mortgage Rates Boost Loan Demand

Daily Real Estate News | Wednesday, April 26, 2017 Total mortgage activity—which includes applications for refinancings and home purchases—rose 2.7 percent on a seasonally adjusted basis as homeowners rushed to take advantage of lower mortgage rates. The refinance market was … Continue reading

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